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2941 Schofield Ave

Indianapolis IN 46218

9383 sq. ft.
Duplex
Currently for sale - view listing

Overview

Investor portfolio opportunity in Indianapolis! Income-producing 4-unit multifamily package with strong cash flow and value-add potential. Ideal for investors seeking a buy-and-hold investment property, rental portfolio expansion, or long-term equity growth in a market with steady rental demand. Each unit features a functional layout with opportunity to renovate, increase rents, and maximize returns. Current rental income includes Unit 2941 leased at $850/month through 5/31/2027 and Unit 2943 leased at $865/month through 5/31/2026. Additional units provide further income and upside potential. Sold as-is. Must be purchased together with 2945 Schofield Ave as a package for $339,900. Interior photos shown are from unit 2945 Schofield Ave; finishes and condition of other units may vary. All showings must be scheduled through the 2945 Schofield Ave listing.

Features

9383 sq. ft. lot size
Duplex

Property history for 2941 Schofield Ave

2020
Sold
$145,000
20 Oct 2020
2017
Sold
$40,000
17 Oct 2017 by Charlene Gaard, of No Limit Real Estate, LLC

Happy sellers in Indianapolis

94%
94% of sellers in Indianapolis reported that their sale price either exceeded or met their price expectations.

Indianapolis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Indianapolis over the last 12 months.

Local market activity for duplexes in Indianapolis

In the last 12 months, 33 duplexes similar to 2941 Schofield Ave, have been sold.

This represents a 13% decrease in duplexes sales when compared to the previous 12 months.

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